Interim results confirmed PROACTIS is executing strongly. In a period during which it consummated its largest ever deal (Millstream), it also added a record number of new customers, drove an acceleration in organic growth and delivered profits ahead of our expectations. The outlook statement remains upbeat with the APF (Accelerated Payment Facility) initiative progressing well. Our FY17E and FY18E forecasts remain materially unchanged for the time being but further strong execution should giv
26 Apr 2017
Execution Engine
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Execution Engine
- Published:
26 Apr 2017 -
Author:
Gareth Evans -
Pages:
5
Interim results confirmed PROACTIS is executing strongly. In a period during which it consummated its largest ever deal (Millstream), it also added a record number of new customers, drove an acceleration in organic growth and delivered profits ahead of our expectations. The outlook statement remains upbeat with the APF (Accelerated Payment Facility) initiative progressing well. Our FY17E and FY18E forecasts remain materially unchanged for the time being but further strong execution should giv